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GE Vernova

GE Vernova is a planned purpose-built company on a mission to electrify the planet while simultaneously working to decarbonize it.

Lobbying Activity

Response to EU taxonomy - Review of the environmental delegated act

5 Dec 2025

GE Vernova welcomes the opportunity to provide its feedback on the initiative to review the EU taxonomy climate delegated act to update and simplify the technical screening criteria. GE Vernova strongly advocates for the adoption of favorable criteria for natural gas used to generate power and Small Modular Reactors (SMR) within the EU Taxonomy to support a balanced and pragmatic approach to the energy transition. Natural Gas: Extension of Deadlines for Electricity generation and cogeneration from natural gas: The deadline for the admissibility of natural gas should be extended. Given the critical role of natural gas in phasing out coal, and in significantly contributing to security of supply in a system with high share of renewables, it is imperative to extend the deadline for new or refurbished projects using natural gas from 2030 to 2035. Additionally, the requirement to connect these sources to renewable/low-carbon gases should be shifted from 2035 to 2045. This extension is essential to ensure a smooth and manageable energy transition. While gas turbines manufacturers will be able to supply equipment capable to operate on low-carbon fuels in the 2035 horizon, the low-carbon fuels are not on track to be available in sufficient quantities to allow economically viable operation. Therefore, a premature mandating of the transition to these fuels would be counterproductive Operational Flexibility: The operational deadline for facilities should be extended to at least 10 years post-construction to align with the lifespan of these projects. A five-year extension is insufficient and does not provide the necessary flexibility, especially in the absence of sufficient hydrogen sources or their capacity limitations. Postponing further tightening of GHG emissions thresholds: We advise against any tightening of the GHG emission thresholds for power and heat from natural gas. Since doing this, whether through technical or economic pressure, would affect the security of supply of power and heat, as well as their affordability. There is still significant uncertainty in relation to the CO2 infrastructure, as well as low-carbon fuel development and deployment. While on the technology site, power generation equipment necessary to support low carbon operations is available, the supporting infrastructure, the regulatory environment and remuneration mechanisms still need to evolve. Only when these uncertainties are removed, further assessment should be conducted. Small Modular Reactors (SMR): Nuclear as a Net Zero Solution: The taxonomy should recognize nuclear energy, including SMRs, as a permanent net-zero energy solution, placing it on par with renewable energy sources. The DNSH criteria for SMRs should be aligned with those for renewables, ensuring that compliance with relevant EU legislation is deemed sufficient. This simplification will facilitate the integration of SMRs into the energy mix without compromising environmental safeguards. Clarification and Inclusion in Taxonomy: SMRs represent a significant opportunity for private investment and alignment with Europe's climate ambitions while maintaining energy security. It is crucial to clarify the eligibility of SMRs under the taxonomy to include projects under development in section 4.27. This will remove uncertainty and encourage investment in this promising technology.
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Response to Future development and deployment of Small Modular Reactors (SMRs) in Europe

4 Dec 2025

GE Vernova welcomes the opportunity to provide its feedback on the Small modular reactors future development and deployment in Europe initiative. As a global energy technology leader with a strong manufacturing presence in Europe and being a western-hemisphere leader in the Small Modular Reactors (SMRs) development and deployment, we are committed to make SMR reality in the EU in the upcoming years. Below is a summary of key elements, the EU SMR strategy should involve. More details are attached. - SMRs must be granted equal access to public funding as renewables. This includes dedicated EIB guarantee schemes and other financial instruments. International funding cooperations should be pursued and leveraged to maximize SMR deployment potential. - Fast-track procedures should be introduced for both state aid and Euratom Article 41 related notification procedures. Simplifying and accelerating these processes will reduce bureaucratic hurdles and enable quicker project implementation. - The EU should pursue unified or at least harmonized licensing requirements, drawing on global best practices. Trans-Atlantic regulatory cooperation should be pursued to accelerate the deployment of SMRs. - All projects in Europe with European investors should have access to the same financial support, regardless of the technology chosen. To incentivize faster deployment, financial incentives should be provided for projects that demonstrate accelerated timelines. - Developers should have equal access to state support, regulatory capacity, and approval processes, irrespective of the technology they choose. This ensures that sovereign decisions on technology selection are respected and supported. These principles should apply also to suppliers and manufacturers - To drive competitive local supply chains, nuclear projects need commercial access to source components internationally without restrictions. Where capacity building is required before demand and supply balance is achieved, investments should be treated equally in terms of access to funds and support. This will ensure that the EU can meet its state-level plans for SMR deployment. - The timely deployment of SMRs in Europe faces four critical barriersregulatory fragmentation, financing constraints, supply chain readiness, and workforce capacitythat transatlantic cooperation is uniquely positioned to address. The EU should actively pursue enhanced partnership frameworks with the United States, building on the successful model established through the Atlantic Partnership for Advanced Nuclear Energy between the US and UK, which has demonstrated how mutual recognition of safety assessments and shared regulatory workloads can reduce licensing timelines. - Through the refreshed ONR-NRC Memorandum of Understanding and the US-Canada-UK Trilateral Memorandum of Cooperation, transatlantic partners have pioneered joint technical reviews that cut duplication, accelerate design approval, and maximize acceptance of completed assessment work while maintaining independent regulatory decision-makingan approach the EU should replicate by formalizing EU-US regulatory cooperation mechanisms aligned with the IAEA Nuclear Harmonization and Standardization Initiative (NHSI). - Best practices on financing the SMRs might also be leveraged. The US Department of Energy's SMR funding programmewith its milestone-based, tiered approach supporting "first mover" teams and addressing licensing, supplier development, and site preparation gapsoffers a replicable model for EU public-private de-risking mechanisms, complementing existing instruments such as the IPCEI on innovative nuclear technologies and potential EIB loan guarantees. - Finally, transatlantic cooperation on workforce development should complement the EU's Skills4Nuclear initiative to close skills gaps essential for safe and efficient SMR operation.
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Meeting with Gabriela Tschirkova (Cabinet of Commissioner Valdis Dombrovskis)

19 Nov 2025 · F-Gas Regulation

Meeting with Alexandre Paquot (Director Climate Action)

19 Nov 2025 · Switchgear rules in Fgas Regulation

Meeting with Ditte Juul-Joergensen (Director-General Energy)

6 Nov 2025 · SMRs; EU US cooperation on nuclear

Meeting with Maroš Šefčovič (Commissioner) and

28 Oct 2025 · Priorities of the EU’s trade agenda

Meeting with Ditte Juul-Joergensen (Director-General Energy)

15 Oct 2025 · Energy transition, EU-US trade deal, REPowerEU, AI

Response to Electrification Action Plan

9 Oct 2025

GE Vernova welcomes the opportunity to provide its feedback on the Electrification Action Plan (EAP). As a global energy technology leader with a strong manufacturing presence in Europe and considering the EU as the most important electrification market, we are committed to supporting the EU's energy transition. The electrification challenge is not just technical, but also about governance, investment signals, and permitting. The EU will need nothing short of a paradigm shift in how grids are planned and delivered, moving from a reactive, incremental model to a forward-looking strategy guided by shared European priorities. European manufacturers like GE Vernova are the key to successfully addressing grid challenges, but government action will be essential to overcome constraints. Please find attached a detailed position paper outlining GE Vernovas policy suggestions for the EAP.
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Response to Carbon removals, carbon farming and carbon storage - certification methodologies for permanent carbon removals

19 Sept 2025

GE Vernova's position on the Carbon removals and carbon farming methodologies for certifying permanent carbon removals We support the Commissions initiative to create a Union certification framework for carbon removals. To ensure credibility, transparency, and investment confidence, we recommend the following improvements, with a focus on Direct Air Capture with geological storage (DACCS): Methodological rigor: We welcome the inclusion of detailed formulas for calculating CO removals and associated emissions (based full life-cycle accounting for energy, sorbent/equipment production, transport, compression, storage). This level of transparency increases trust and clarity for operators and investors. Methodologies should also follow a principle of conservativeness, ensuring the uncertainties or incomplete data do not result in over-crediting of removals. Conservative assumptions protect credibility, no one can accuse DACCS operators of overstating net removals, and it should be aligned with best international standards. Permanence and liability: DACCS ensures carbon storage for centuries and should be recognised as a premium durability category. Long-term monitoring (aligned with the CCS Directive) and clear liability rules for potential leakage are essential. Transparency and governance: Certification schemes must apply strict conflict-of-interest rules and publish results transparently. The EU registry should be operational early and harmonised across Member States to avoid double counting. Market role and investment signal: Clarify the role of CRCF units in compliance markets (e.g., integrated in EU ETS) or voluntary market only. This will provide the long-term certainty needed for investors while ensuring DACCS complements, not replaces, emissions reductions at source. International Alignment: the EU should ensure CRCF credits are fully aligned with Article 6.4 of Paris Agreement, so DACCS removals are recognized internationally. Supporting the CDR industry: The certification framework has a unique opportunity to provide the trust and clarity that the emerging Carbon Dioxide Removal (CDR) industry needs in order to land and scale in Europe. For DACCS in particular, certification can reduce investor risk, attract private capital, and complement public funding. High-quality rules will enable early projects to demonstrate credibility, reduce costs, and position the EU as the most trusted global hub for durable removals, while fostering industrial leadership, innovation, and jobs. DACCS is a high-integrity climate solution that can play a decisive role in achieving EU climate neutrality. By applying strict standards, recognising its permanence, supporting the CDR industry, and ensuring transparency, the EU can position itself as a global leader in high-quality carbon removals.
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Response to Extension of the scope of the carbon border adjustment mechanism to downstream products and anti-circumvention measures

26 Aug 2025

We welcome the opportunity to provide input on the proposed extension of the Carbon Border Adjustment Mechanism (CBAM) and wish to reaffirm our full support for the EUs climate objectives and efforts to maintain a level playing field for domestic industry. As it stands, the current CBAM regime is highly ambitious and introduces a complex new compliance landscape for EU industry. GE Vernova is already making significant efforts to comply, including prioritizing sourcing from EU-based suppliers wherever possible. Nonetheless, we wish to highlight several reasons why it is essential to pause and allow for a sufficient transition period before considering any further expansion of CBAM. Urgent Need for Industry Learning and Execution The existing CBAM regulations already demand comprehensive operational changesranging from supply chain tracking, emissions data collection, regulatory reporting, to certificate management. For the industry, it is currently a priority to achieve full clarity on these requirements and to implement them correctly and efficiently. Introducing new scope extensions before this learning process is complete would risk compounding compliance challenges and errors. Implementation Infrastructure Not Yet Fully in Place Critical elements of the CBAM frameworksuch as the process for verification of suppliers actual emissions by accredited verifiers, and the steps for purchasing CBAM certificatesare either not operational or not fully clarified at this stage. Additional expansion would only further complicate implementation, magnifying the risks of non-compliance, and operational bottlenecks. Risk of Disrupting Supply Chains and Unintended Consequences An extension of the current scope could have significant and unintended impacts on EU manufacturing and supply chains. Many components imported into the EU are integral to essential sectors, and sudden new obligations could create cost shocks, or supply interruptions - counter to the EUs goals. The Case for a Sequenced and Managed Approach A period of consolidation is necessary for industry and authorities alike to gain practical understanding and operational experience with the CBAM as it currently stands. Only after such a periodwhen companies have adapted and supporting infrastructure is proven to workshould the EU consider whether and how to extend CBAM further. Ensuring Effective, Predictable, and Fair Policy Outcomes A carefully managed transition period would help ensure that: All actors are given the time needed to develop competent processes. The supporting regulatory infrastructure (including verifiers and certificate systems) is functional. Supply chain stability is maintained throughout the green transition. Unintended negative impacts on competitiveness and climate objectives are minimized. Therefore, respectfully urge the Commission to wait before proceeding with any extension of the CBAM scope. The immediate focus must be on enabling industry to successfully execute current CBAM requirements, supported by comprehensive guidance and functioning infrastructure. Only after a suitable period of learning and system maturation should further changes be contemplated. This approach will maintain fair climate ambition, safeguard industrial resilience, and ensure the long-term effectiveness of EU carbon policies.
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Response to European grid package

5 Aug 2025

Please find attached the position paper.
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Meeting with Miguel Jose Garcia Jones (Cabinet of Commissioner Wopke Hoekstra)

17 Jul 2025 · Discussion on Discussion on SF6-free switchgears

Meeting with Stéphane Séjourné (Executive Vice-President) and

26 Jun 2025 · Compétitivité; relations USE-UE, CSRD/CS3D, Simplification

Meeting with Alina Nedea (Cabinet of Executive Vice-President Teresa Ribera Rodríguez), Thomas Auger (Cabinet of Executive Vice-President Teresa Ribera Rodríguez)

20 Jun 2025 · Renewable energy equipment production in the EU

Meeting with Estelle Goeger (Cabinet of Executive Vice-President Stéphane Séjourné), Laia Pinos Mataro (Cabinet of Executive Vice-President Stéphane Séjourné)

3 Jun 2025 · Switchgears - ESPR

Meeting with Anne-Maud Orlinski (Cabinet of Commissioner Dan Jørgensen), Kamil Talbi (Cabinet of Commissioner Dan Jørgensen)

2 Jun 2025 · Trade, nuclear, grids

Meeting with Alexandre Paquot (Director Climate Action)

13 May 2025 · GE Vernova's concerns about to the implementation of the F-gas regulation

Meeting with Lukasz Kolinski (Director Energy)

23 Apr 2025 · Upcoming EU policy initiatives, operations and future plans of GE Vernova in the sector of electrical grid equipment

Meeting with Joachim Balke (Head of Unit Energy)

26 Mar 2025 · To present its PlanOS software platform

Response to Implementing Act on non-price criteria in renewable energy auctions

21 Feb 2025

With the Net Zero Industry Act, the European Union wants to strengthen its domestic clean tech manufacturing. The regulation must be fit for purpose and not create unnecessary complexity. Most importantly, the implementing act must be clear enough so that all Member States share the same interpretation of all the various criteria. The industry simply cannot afford to comply with 27 different sets of rules.
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Meeting with Sabine Weyand (Director-General Trade) and

29 Jan 2025 · Transatlantic trade relations in the second Trump administration.

Meeting with Axel Hellman (Cabinet of Commissioner Jessika Roswall), Luis Planas Herrera (Cabinet of Commissioner Jessika Roswall), Paulina Dejmek Hack (Cabinet of Commissioner Jessika Roswall) and

28 Jan 2025 · Exchange of views on the priorities of the current Commission

Meeting with Kurt Vandenberghe (Director-General Climate Action)

2 Dec 2024 · CCS, hydro, SMR, grid, wind, gas power